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Opinions Kim Bolton
NVIDIA CorporationNVDAWATCHNov 20, 2024
Kim BoltonStock price when the opinion was issued
As of Oct 09, 2026. Market Open.
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Circular financing is definitely the biggest pushback in the AI trade. That's why it and AVGO are raising money to buy chips for Anthropic. Huge need for this technology for the industry to grow, but cashflow and payback aren't yet high enough.
In middle innings of the AI buildout, and NVDA will participate. Guiding to 70% revenue growth next year (and that's not just circular financing). One of his largest holdings.
Jamie Murray Buying this name is like buying GM in 1920. Largest company in the world. Dominating the AI trend with chips that perform the best, everyone else is trying to catch up. Between 20-30x PE, growing 70%. Revenue forecast of 73% this year.
Sees no slowing till AI peak, which is probably 7-10 years away. Everyone should own this. Yield is 0.42%.
Bruce Murray
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Premium contentTrading at its lowest PE valuation in a decade, we again reiterate NVDA as a TOP PICK. The company continues to aggressively buy back shares and cash reserves are growing -- albeit with higher debt. Revenues and net income are projected to grow 90% this fiscal year. We continue to recommend a stop at $200, looking to achieve $294 -- upside potential of 28%. Yield 0.2%
(Analysts’ price target is $333.47)
She trusts him. Until NVDA breaches $230-236, it will rangebound from $210-230. But once it breaks that, the stock will go meaningfully higher. Until then, sell calls.
Bryn TalkingtonThinks we're now in the later innings of the GPU cycle. Bifurcation between open- and closed-source models. Over time, NVDA will be the leader for open source. But Anthropic, OpenAI, and others like them will move ahead in closed-source. Over time, what part of the market will NVDA capture? Valuation's not expensive.
After owning for 5 years, she sold.
Exploding growth, visibly growing 48% compounded annually from 2026-2030. Trading 14x PE for 2028. Just beat and raised. Moat. Exceptional margins of 75%. Concerns on circular financing. 5 customers control 70% annual recurring revenue. Competition is trying to break in. Cyclical.
People aren't crediting it with enough value. Still a Buy. Still going to go up a lot. Yield is 0.45%.
Greg NewmanCritics say Nvida is making investments to keep all their balls in the air -- making money by paying their customers, which is called circular financing. It's considered a sign of danger, because we saw this happen leading up to the Dotcom collapse. He strongly disagrees. NVDA's CEO knows that the companies that are using his chips are starting to make a ton of money, so why not back them up? The Dell CEO confirmed that to him.
We saw NVDA jump yesterday after another quarter of blowout earnings. They surprised on both the top and bottom line. EPS growth rate of 111% versus this time last year! Sales growth of 106%. Question is whether that's going to be sustainable long-term?
Not that it won't continue to be innovative and profitable, but some of these tech giants in the AI space have analyst expectations set very high.
Is probably trading at 15x forward PE as shares keep getting cheaper and cheaper. He doesn't see the party ending soon. Happy to stick with it.
Kevin SimpsonPremium contentNvidia demonstrated that the race for AI infrastructure continues to accelerate, posting record figures. It reached $96.2 billion, representing a massive year-over-year increase of 106%. This remains the company's primary growth driver, contributing $89 billion (92.7% of total sales) thanks to strong demand for servers and complex AI chip architectures. Social media mentions are up 230% in the past 24h.
Premium contentWe again reiterate NVDA as a TOP PICK. Following the recent release showing a 106% revenue increase and a management view of a 70% increase next year, along with a forward PE ratio at the lowest level for the stock since 2019, it is clear the demand for their products is still rising. We continue to recommend a stop at $200, looking to achieve $292 -- upside potential of 28%. Yield 0.1%
(Analysts’ price target is $328.93)He will watch to see if the monetizing of this $1.5 trillion infrastructure will happen. It's still early innings. Some say this is like Cisco in 2000, but NVDA is a high value-added product. NVDA will maintain and increase pricing power. NVDA is the centre of the AI trade.
Today's the big day. Short-dated options from market makers show NVDA trading about 8-8.5% on either side of the close at end of day. A lot of the market makers will have to cover on their options, probably more so to the downside.
(Analysts’ price target is $154.25)Last time it reported in August, it was a great report with OK guidance, but over the next couple of days it traded from $125 all the way down to $95. You're going to have some opportunities to get in. For him, you have to own it, must be one of your top picks.
Right now, the largest market-cap company in the world, about $3.6T. If you extrapolate on its growth rate which is conservatively in the low 20%s, then market cap by 2029 could be anywhere between $5.6-6.3T. And that will be reflected in the stock. We can say this because it's really cornered the market on data centre accelerator chips; no one is even close.
Now at $146, so runway is a bit short. However, it owns 88% of the accelerator chips in data centres, which are the big buyers out there. Some hyperscalers are starting to build in-house chips which will eat into its business, but at the same time governments are ramping up. Plus, there's still the gaming side, which contributes about $10B a year. Automotive chips too -- right now $3B, but estimated to be in excess of $20B by 2029. Lots of horses in the race.